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With new technology such as AI and IoT being adapted en masse, procurement and supply chain management are leveraging data and analytics to create impact.

Enterprise cloud, AI, and IoT is quickly becoming the foundation for procurement enterprises. One thing is clear: Growth is dependent on technology adoption.

The concept of ’e-procurement’ originated from the term automated procurement and is a great way to save costs and time in organisations. E-Procurement is how the buyers and sellers connect…

Cloud-based procurement software is efficient for automating every part of a procurement process in business. Read on to know the benefits it offers for the organisations. The growing popularity of…

Learn how a procurement system can help you automate the procurement process, saving time and money for your organization.

According to a study by Mordor Intelligence, the global online procurement market is expected to grow increasingly between 2021-2026, at a CAGR of 10.2%. In the wake of industries in verticals like…

Streamline Procurement with Contract Management Process

Significance of ERFI, ERFQ, and EAuction in eSourcing.

Procurement is a series of operations, procedures, and tasks carried out with the goal of purchasing materials, machinery, devices, accessories, and instruments to ensure that the work order process…

Introduction If you judge the surface meaning of sourcing and procurement while purchasing goods and services for an organization, you may often use them interchangeably. But both sourcing and…

The term blockchain is often associated with words such as financial technology and cryptocurrencies. However, most people do not realize that this is just the tip of the iceberg and that blockchain…

Procure to Pay process comprises multiple steps such as requirement planning, quotation requesting, vendor selection based on prices, creation of purchase order, evaluation of received goods, multiple…

As the Covid-19 crisis intensifies, more and more organisations are looking to work from home in the long run, and if we look at the broader picture, Covid-19 may prove to be a major tipping point for…

We’ve been paying extra for almost everything. Have you ever bought bulk groceries? or bought software? You probably know that you’ve almost always paid extra. No matter what the deal is. In the case…

If you own a procurement business, there must be numerous risks that you face every day. Know all about using technology to improve your procurement strategy.

If you own a procurement business, there must be numerous risks that you face every day. Know all about using technology to improve your procurement strategy.

Every profitable business makes the most of each purchase, and we’ve put together a few purchasing tips for better performance.